Additional Basic Rent definition

Additional Basic Rent means the amount of [*].
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Additional Basic Rent means the amount of $10,934,084.80.
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Additional Basic Rent is intentionally deleted and all references in the Lease to “Additional Basic Rent” shall have no force or effect.
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Examples of Additional Basic Rent in a sentence

  • Tenant shall pay to Landlord, as annual rent for the Leased Premises during the Term, the Basic Rent and Additional Basic Rent in the amounts and with respect to the periods determined in accordance with Exhibit “D” hereto.

  • The Additional Basic Rent has been received by Landlord and shall without further action be credited as Prepaid Rent on the dates, in the amounts and with respect to the periods specified in Paragraph 1(b) of Exhibit “D”.

  • Tenant shall pay to Landlord, as annual rent for the Leased Premises during the Term, the Basic Rent and Additional Basic Rent in the amounts and with respect to the periods determined in accordance with Exhibit "D" hereto.

  • The Additional Basic Rent has been received by Landlord and shall without further action be credited as Prepaid Rent on the dates, in the amounts and with respect to the periods specified in Paragraph 1(b) of Exhibit "D".

  • Costs have been finally determined, Landlord shall notify Tenant of the amount of the Additional Basic Rent, and Landlord and Tenant shall, within fifteen (15) days thereafter, enter into an amendment to this Lease, increasing the monthly Basic Rent due hereunder by the amount of the Additional Basic Rent.

  • The parties agree that $374 of the monthly Additional Basic Rent shall be allocated to the lease of personal property referenced in this Section 9.

  • Therefore, in this example, the Additional Basic Rent payable in Fiscal Year 2007 for the West 98th Premises would be $200,000.

  • By way of example, if Gross Sales in Fiscal Year 2007 generated at the West 98th Premises are $10,000,000, then the Additional Basic Rent payable under this Paragraph II will be the amount by which 12% of $10,000,000 exceeds $1,000,000.

  • By way of clarification, if an Additional Basic Rent Payment Date occurs after the expiration or earlier termination of this Lease, Tenant shall remain bound to pay to Landlord such payment of Additional Basic Rent with respect to the portion of the applicable Fiscal Year occurring during the Term on such Additional Basic Rent Payment Date notwithstanding that this Lease has expired or been terminated.

  • Tenant agrees that, upon the completion of the "HVAC Upgrade", as that term is defined in Section 12.2.3, below, the monthly Basic Rent payable by Tenant during the initial Term of this Lease shall be increased by an amount equal to (i) Tenant's Share of the total amount of the "Upgrade Costs", as that term is defined in Section 12.2.3, below, divided by (ii) the number of calendar months remaining in the Term as of the date of the final determination of the Upgrade Costs (the "Additional Basic Rent").


More Definitions of Additional Basic Rent

Additional Basic Rent means the basic rent for the Additional Premises, specified in clause 5.0.
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Additional Basic Rent has the meaning specified in Section 3.1(b) of the Lease.
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Related to Additional Basic Rent

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Base Rent As defined in Section 3.1.

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Additional Charge means a charge in accordance with Canon’s Current Rate; Additional Services means any service in addition to the Services to be provided by Canon under clause 21; Business Day means a day that is not a Saturday, Sunday or public holiday in the place where the Products or Services are being supplied;

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.